1210 Lynch Street St Louis, MO 63118

0 Sqft
3,998 Sqft lot
0.09 Acre lot
Status: Active
Property Type: Multi-family 5+
Year Built: 1886
Days on Website: 74

Listing courtesy of Goodman Bautz.

Description

10+ Door Package with a 6-1/2 cap rate available to an investor looking for a portfolio. Consists of a 4-family in Soulard, 2 two-family properties, and 2 single family, one of which has an existing, additional building which could be renovated into an 11th door. Gross rents: $111,960 but could be $164,520 according to rentometer.com Package NOI: $77,395 Cap Rate 6.6% at current rents 1208-10 Lynch, 3651 Marceline Terrace, 227-229 Schirmer, 7624 Vermont, and 4058 Concordia. Out of the ten doors, 9 are occupied with varying lease terms, one is available for showing; do not approach the buildings or the tenants.

Open House

Property Details and Features

  • Above Grade Finished Area: 0 Sq.Ft.
  • Above Grade Finished Area Source: Public Records
  • Construction Materials: "Other"
  • Building Age: 138
  • Number Of Units Total: 10
  • Year Built: 1886
  • Neighborhood: Soulard
  • Cooling: "Electric", "Window Unit(s)", "Other"
  • Disclosures: "Unknown", "Occupancy Perm Req", "Sellers Discl. Avail"
  • Heating: "Forced Air"
  • Heating Included
  • Heat Source: Gas
  • Net Operating Income: 77395
  • Inclusions: Building & Land
  • Lease Term: Leases,Month To Month
  • Transaction Type: Sale
  • Ownership Type: Private
  • Location: City
  • Major Area: Central East
  • Parcel Number: 1412-00-0040-0
  • Subdivision Name: Soulard
  • Township: St. Louis City
  • Lot Size Acres: 0.0918
  • Lot Size Dimensions: irregular
  • Lot Size Source: County Records
  • Lot Size Square Feet: 3999 Sq.Ft.
  • Features: "Other"
  • Possession: "Close Of Escrow"
  • Property Type: Other
  • Property Sub Type: Multi-Family 5+
  • Elementary School: Sigel Elem. Comm. Ed. Center
  • High School: Roosevelt High
  • High School District: St. Louis City
  • Middle Or Junior School: Long Middle Community Ed. Center
  • "Public Sewer"
  • Annual Tax Amount: 2935
  • Tax Year: 2022
  • Tenant Pays: "Electricity", "Gas"
  • Water Source: "Public"